Armenia – Real Estate Business – Rising Field
Armenia, a landlocked country of mountains in the South Caucasus and the Black Sea is situated between the Caspian Sea. With its capital, Yerevan, witnesses countries sunny and dry in winter and continental climate with low humidity. Most real estate in Armenia in 1991 after the country's independence has been privatized. On the other hand, properties that have not yet been privatized are listed under the Ministry of Privatization. Currently, Armenia is very flexible law. Although international investors are buying homes and offices around the country, or for a period of 99 years in Armenia and rental apartment buildings are allowed to choose. In addition, registered companies and foreign nationals to local Armenian descent have the right to buy land in India.
The city of Yerevan in Armenia highly centralized real estate and precious Ashtarak and neighboring towns as Ejmiatsin, and other cities Dilijan and Vanadzor, and Gyumri cities include the following. In other parts of the country, prices dirt cheap land, a price that would be equivalent to an independent property to buy is available. Price of Armenia in recent years have seen rapid growth. Prices in the capital over the last 5 years dramatically. Currently, the best properties at a cost of $ 2,000 per square meter are available. At this rate, the standard size for an apartment is available for a price of $ 200,000. Be the most desirable areas in the country, the price is not considered very expensive.
Armenia procurement process has in recent years many liberalization, which Armenia is a very simple reason to buy. According to the law of the country, a central purchasing and assets for a local counsel to assist in the documentation. international real estate investors who want to buy apartments or houses in Armenia, or lease land for 99 years, or to establish a society based on Armenia and the purchase of land. Most agencies of Armenia, real estate to help you create a business for a price.
Investing in real estate in Armenia in general people from different parts of first choice in the world. However, the mentality of people is changing due to the slow recovery of Armenia for people who want to live there for a cheaper price is country life. Almost non-existent crime rate in the country, and houses in general surprisingly cheap and apartments that are available. In addition, the stability of the country makes it seem more like conditions will return at any point in the near future is not.
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